Pakistan has completed its fifth review under the European Union’s Generalized Scheme of Preferences Plus (GSP+) scheme, according to Federal Commerce Secretary Jawad Paul. The country is preparing for its next formal reapplication, due by December 31, 2028.

Why GSP+ Matters to Pakistan

Speaking at the launch of the Sweden Pakistan Business Guide 2026 to 2028 in Islamabad, Jawad Paul described GSP+ as an important part of Pakistan’s relationship with the European Union. He emphasized compliance with international obligations as Pakistan prepares for the EU’s evolving regulatory framework.

What Is EU GSP+?

The EU GSP+ framework provides eligible developing countries with enhanced access to the European market in return for commitments related to international conventions, governance and development obligations. Continued access is important for Pakistani exporters trading with EU member states.

Sweden Highlights Trade Opportunities

Swedish Ambassador Alex Berg von Linde stressed the importance of maximizing GSP+ benefits and continuing work on international commitments. She also highlighted discussions about modernizing and renegotiating the bilateral investment treaty between Sweden and Pakistan.

Pakistan-Sweden Economic Cooperation

The Sweden Pakistan Business Guide 2026 to 2028 outlines opportunities in sustainable textiles, information and communications technology, digitalization and responsible mining. More than 40 Swedish companies are currently active in Pakistan, according to the ambassador.

What Comes Next?

Pakistan’s focus will now include preparations for the 2028 reapplication and continued compliance with relevant international commitments. For Pakistani businesses, maintaining access to European markets remains an important part of the country’s trade and export strategy.